Special Additional Excise Duty on production of Petroleum Crude and export of Aviation Turbine Fuel - reduction in SAED - Seeks to amend No. 18/2022-Central Excise, dated the 19th July, 2022. - 22/2023 - Central Excise - Tariff
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Special Additional Excise Duty reduction: SAED on petroleum crude and ATF exports amended to Nil per tonne, effective immediately. The notification substitutes the Table entry against S. No. 1, column (4) of the principal notification to read Nil per tonne, thereby reducing the Special Additional Excise Duty applicable to production of petroleum crude and exports of Aviation Turbine Fuel; the amendment is made under the relevant Central Excise and Finance Act powers and takes effect on the day following publication.
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Provisions expressly mentioned in the judgment/order text.
Special Additional Excise Duty reduction: SAED on petroleum crude and ATF exports amended to Nil per tonne, effective immediately.
The notification substitutes the Table entry against S. No. 1, column (4) of the principal notification to read Nil per tonne, thereby reducing the Special Additional Excise Duty applicable to production of petroleum crude and exports of Aviation Turbine Fuel; the amendment is made under the relevant Central Excise and Finance Act powers and takes effect on the day following publication.
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